In compliance with European Union (EU) legislation for visitors from the EU, NExT requests your permission to place cookies on your computer to both improve your experience and to help us improve our website. To find more about these cookies, see the NExT Website Privacy Statement.

Applied Project Management - Oil and Gas

4.5
Average client rating (based on 79 attendee reviews)

This intensive five-day course will be about the application of Project Management techniques and knowledge for the effective estimating, planning, managing, and control of a project. This course will extend to the identification, assessment, and control of qualitative risks in the project-based enterprise. Uncertainty will be inherent in all projects and particularly in the aspects of technical, financial, schedule, legal, and quality (the latter includes safety, health, environment, and facility integrity) of performance. In addition, this course will explore quantitative risk analysis using the basics of probability.

The course will be delivered in a workshop style using a combination of review lectures and case studies focused on supporting the development of estimates, plans, and risk analysis of the case study project.

This course qualifies for 45 PDUs.

Agenda

Instructors

Audience

Prerequisites

Location

Agenda

Day 1

Life Cycle and Estimating

Overview of case study and options

Overview of the capital value process and PMI process

Financial appraisal review

Appraisal of case study

Scope management review

WBS tools overview

Estimating review and accuracy

The learning objectives of day one will be for participants to understand the application of the Capital Value Process in relation to a case study project. Then, for the participants to use the case study project and apply the other elements of project management, such as the financial appraisal of selected options, definition of the scope, and creation of the initial estimate.

Day 2

Integrating Planning and Estimating

Review network planning and scheduling

Introduction to the Microsoft Project

Review resource management

Integrated baseline reviews

By the end of day two participants should be capable of applying network planning techniques to the case study project. Initially this will involve manual methods, but will then move on to the application of Microsoft Project and the addition of resources using the software to resolve any resource issues at the planning stage. Also, participants will develop an understanding of the use of Integrated Baseline Reviews.

Day 3

Risk Analysis

Review qualitative risk

Qualitative contingency

Review risk monitoring

Introduction to quantitative risk analysis

Overview of @Risk™ for Excel

On day three participants will review qualitative risk analysis and apply the whole qualitative cycle to the case study project. They will also review the risk monitoring aspects and the key issues that will need to be addressed during the execution phase of the project. Learning objectives will also include moving into the quantitative aspect of risk and using software to quantitatively assess the budget risks for the case study.

Day 4

Risk Analysis and Controls

Overview of @Risk™ for project

Overview of project controls

Cash flow and cost control

The learning objectives of day four will be for participants to understand and apply quantitative risk assessments to the schedule of a project using suitable software tools. Other learning objectives will include the understanding of key techniques for monitoring and controlling both the schedule and budget during the execution phase of the project, as well as understanding the need to effectively manage cash flow.

Day 5

Project Reviews

Review stakeholder analysis

Principles of project reviews

Case study presentations

By the end of day five participants should be able to effectively carry out a review of a project and then present the results of those reviews to senior management.

Instructors

Colin Balchin

Audience

Professionals in various disciplines and non-technical support staff.

Prerequisites

Participants are required to have either attended the foundation Project Management course, have attained the PMP Certification, or have seven years of Project Management experience.

Prerequisites

Location

Pau

The historic town of Pau has a mild climate, numerous parks and gardens, and stunning views of the Pyrenees Mountains.

The town and surrounding region are renowned for excellent food and superb local delicacies and offer a wide range of sporting events and activities to keep you entertained on evening and weekends. Pau is home to several top national sports teams (basketball, rugby, handball), the oldest golf course in continental Europe and superb new spa facilities, and is just a stone’s throw from ski slopes, mountain trails and sandy beaches.

The NExT Training Centre Pau is easily accessible via regular international flights to Pau Pyrenees Airport and TGV rail links from Paris. NExT can help you with organizing your local transport and accommodation.